Short Interest in MasterBeef Group (NASDAQ:MB) Grows By 4,142.9%

MasterBeef Group (NASDAQ:MB) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 86,768 shares, an increase of 4,142.9% from the July 30th total of 2,045 shares. Based on an average trading volume of 3,178,585 shares, the short-interest ratio is currently 0.0 days. Currently, 0.5% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of MasterBeef Group in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

MasterBeef Group Stock Performance

NASDAQ MB traded up $0.22 during trading on Tuesday, hitting $4.77. 17,263 shares of the company’s stock were exchanged, compared to its average volume of 247,226. The company has a quick ratio of 1.38, a current ratio of 1.55 and a debt-to-equity ratio of 1.54. MasterBeef Group has a fifty-two week low of $3.51 and a fifty-two week high of $19.75. The stock’s 50 day moving average price is $4.87 and its two-hundred day moving average price is $5.63.

Hedge Funds Weigh In On MasterBeef Group

An institutional investor recently bought a new position in MasterBeef Group stock. Geode Capital Management LLC bought a new stake in MasterBeef Group (NASDAQ:MB) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned approximately 0.06% of MasterBeef Group at the end of the most recent reporting period.

About MasterBeef Group

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.